News about Paramount Corp

KUALA LUMPUR (Sept 6): While Paramount had returned to the black in its second quarter ended June 30, 2021 (2QFY21), the group, which has joined a consortium to bid for a digital banking licence, said it is expecting its financial performance to be hampered in the subsequent quarter amid the Covid-19 pandemic and the ensuing lockdowns.

PETALING JAYA (Sept 1): Paramount Corp Bhd (Paramount) is acquiring 32.

The passing of Datuk Teo Chiang Quan, chairman and executive director of Paramount Corp Bhd on May 24, has left Malaysian corporate and property development sector players in a state of shock and despair.

PETALING JAYA (May 25): Datuk Teo Chiang Quan was a leader that led by example, said Datuk Seri Michael Yam (pictured), senior independent non-executive director of Paramount Corp.

After battling for 21 days, Paramount Corporation Bhd chairman and executive director Datuk Teo Chiang Quan passed away today due to complications from Covid-19.

KUALA LUMPUR (Sept 2): Property developer Paramount Corporation Bhd (PCB) remained bullish on the prospects for the second half of the year despite a rocky first half due to the Covid-19 pandemic and the Movement Control Order (MCO).

KUALA LUMPUR (Feb 21): Paramount Corp Bhd wants to expedite the distribution of the RM177 million allocated as special dividend to its investors following the completion of the sale of its controlling equity interest in its pre-tertiary education business to Prestigion Education Sdn Bhd yesterday.

KUALA LUMPUR (Aug 23): Paramount Corp Bhd, which reported a lower second-quarter (2Q) net profit yesterday following the absence of a disposal gain, announced that Benjamin Teo Jong Hian, the son of chairman and executive director Datuk Teo Chiang Quan, has joined the group’s board of directors as an executive director.

  KUALA LUMPUR (June 22): Earlier this week, Paramount Corp stated that it entered into a conditional share sales and purchase agreement with Character First Sdn Bhd and Two Horses for the disposal of majority stakes in three of its subsidiaries involved in pre-tertiary private education business.

PETALING JAYA (March 7): Paramount Corp Bhd will be launching seven projects in northern and central Malaysia with a total GDV of RM1.